Innis & Gunn investors toast first bond payments

Innis & Gunn, the Edinburgh-based beer-maker and bar operator, is issuing the first interest payment to investors who bought into its 'BeerBond' fundraising scheme.

Dougal Sharp, founder of Innis & Gunn. Picture: Contributed

The move comes a year after the brewer, which was founded in 2003 and has gone on to become one of the UK’s most successful craft beer businesses, raised £3 million in capital.

In total, 1,105 investors bought BeerBonds, with individual investments ranging from the minimum £500 to more than £100,000.

Interest payments total £211,500, with hundreds of investors opting to take their return in “BeerBucks”, redeemable in beer at Innis & Gunn’s online shop.

The first tranche of investors received their payment on 15 July, and the second tranche will receive theirs on 12 August.

Dougal Sharp, founder and master brewer said: “The enthusiastic reaction to BeerBond completely blew us away.

“We are invigorated by their passion and humbled by their belief in our mission to bring great beer to the world through innovation and experimentation. Our new brewing facilities simply would not have been possible without these supporters.”

Earlier this year, Innis & Gunn acquired Perth-based brewer Inveralmond.